- BIST10012,200-0.41%
- USD49.37+0.07%
- EUR55.21+0.01%
- GOLD4,166.40-0.26%
- INTEREST37.00%-1.00
- BITCOIN83,315+0.27%
- October 14, 202618°
- BIST10012,200-0.41%
- USD49.37+0.07%
- EUR55.21+0.01%
- GOLD4,166.40-0.26%
- INTEREST37.00%-1.00
- BITCOIN83,315+0.27%
- October 14, 202618°
BIST 100 starts the day down 0.15% at 12,231.97 points
The BIST 100 index on Borsa Istanbul started the day down 0.15% from the previous close at 12,231.97 points. At the opening, the banking index fell 0.17% and the holding companies index declined 0.45%, while forestry, paper and printing led sector gains with a 1.01% increase.
The BIST 100 index on Borsa Istanbul started the day down 0.15% from the previous close at 12,231.97 points. The index had ended the previous session up 0.82% at 12,250.68 points.
At the opening, the banking index fell 0.17% and the holding companies index declined 0.45%. Among sector indices, forestry, paper and printing posted the strongest gain at 1.01%, while the financial leasing and factoring index fell 4.87%.
As of 09:50, the dollar/TL exchange rate stood at 49.3925, the euro/TL rate at 55.4030 and the pound/TL rate at 65.5355 liras. One ounce of gold was trading at $4,146.90, while Brent crude stood at $105.95 per barrel.
Global markets focus on economic data
Global markets were searching for direction amid volatility in technology stocks, rising oil prices and mixed signals from earnings reports released by U.S. banks. Markets will be watching inflation data due to be released in the United States today.
Karahan presents an economic outlook
Fatih Karahan, governor of the Central Bank of the Republic of Türkiye, delivered a presentation titled “Macroeconomic Outlook and Monetary Policy in Türkiye” at the annual meetings organized by the International Monetary Fund and the World Bank in Bangkok, the capital of Thailand.
Karahan said that core inflation was slowing despite energy prices remaining at elevated levels. He said the preference for the Turkish lira continued to remain strong under tight monetary policy and stated that capital outflows had not significantly weakened residents’ interest in Turkish lira-denominated assets.
Support and resistance levels for the BIST 100
Analysts said the domestic data agenda was quiet, while U.S. inflation and the Federal Reserve’s Beige Book report would be monitored abroad. Technically, 12,100 and 12,000 points stand out as support levels for the BIST 100 index, while 12,400 and 12,500 points are resistance levels.
Source: Anadolu Ajansı
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